Sheikh Mohammed Visits Emirates NBD On Its 60th Anniversary Celebrations

On a significant day marking the 60th anniversary of Emirates NBD, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, graced the headquarters of Emirates NBD with his presence. Accompanied by notable figures including H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance; H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; and H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates NBD, the visit underscored the bank's pivotal role in the UAE's economic landscape.

During his visit, His Highness Sheikh Mohammed highlighted Emirates NBD's integral contributions to the UAE's transformation into a global hub for commerce and trade. He commended the bank for its achievements over the past six decades, paralleling the nation's own remarkable journey towards becoming a leader on the international stage. His Highness underscored the bank's efforts in making Dubai a major global node for trade and capital flows, thereby accelerating economic development not only in the UAE but also across the region and beyond.

His Highness Sheikh Mohammed expressed confidence in Emirates NBD's future endeavors to continue contributing to the UAE's prosperity. He congratulated the Emirates NBD Board of Directors, led by H.H. Sheikh Ahmed bin Saeed Al Maktoum, for their dedication to innovation and excellence in the banking sector.

The visit also included a tour of the Emirate NBD Pearl Museum, inaugurated in 2003 during the bank’s 40th anniversary. The museum showcases the UAE’s rich maritime heritage and its history of pearl diving, reflecting on the country's cultural legacy.

Emirates NBD stands as a leading banking group in the Middle East, North Africa, and Türkiye region. The 60th anniversary celebrations highlight its evolution from a local entity to an international banking powerhouse with over 30,000 employees serving more than 20 million customers worldwide. Following a merger between National Bank of Dubai and Emirates Bank International in 2007, Emirates NBD has seen remarkable growth. In 2023 alone, its profit surged by 65 percent to AED21.5 billion, with total income increasing by 32 percent to AED43 billion. The bank’s assets also saw a significant rise of 16 percent, reaching AED863 billion by year-end.

Today, Emirates NBD boasts an extensive network that spans across key global markets including the UAE, Egypt, India, Turkey, Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Bahrain as well as representative offices in China and Indonesia. This expansive presence underscores its role as a major player in international banking and finance.

With inputs from WAM